Search results for: sold

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  • 22 December 2010
    Business & Finance

    The mayors of the three Lambton County municipalities bordering Lake Huron are cool to the idea of erecting offshore wind turbines. Mike Bradley of Sarnia, Lonny Napper of Plympton-Wyoming and Bill Weber of Lambton Shores responded with caution to a recent Conference Board of Canada report on offshore wind power generation. Financed by manufacturer Vestas […]

  • 31 August 2017
    Business & Finance

    New Energy Investment S.à.r.l. (NEI) has launched an accelerated bookbuild offering of 7,500,000 existing shares in DONG Energy to institutional investors, equivalent to 1.78% of the outstanding shares and voting rights in the Danish offshore wind developer.

  • 18 September 2012
    Business & Finance

    Ocean Mainport has been sold and delivered to new owners. This is the third vessel Atlantic Offshore have sold to the windmill industry.  Atlantic Offshore AS’ main office is located at the Coast Center Base, Sotra, outside Bergen, Norway, with branch office in Aberdeen, Scotland. Both offices with full management set up. The Group currently […]

  • 23 April 2012
    Business & Finance

    Dong Energy is planning to sell stakes in its offshore wind farms, as it plans to invest 10 billion kroner (USD 1.8 billion) a year in offshore wind, reports Bloomberg. Deputy Chief Executive Officer Morten Buchgreitz said: “You haven’t seen the last sale from Dong Energy of stakes in a wind farm.” “We have an […]

  • 8 February 2018
    Business & Finance, Vessels

    C-bed Floating Hotels has sold the oldest floatel in its fleet, the Wind Solution, to an undisclosed buyer.

  • 26 September 2012
    Business & Finance, Grid Connection

    Walney (UK) Offshore Windfarms Limited announced today that it has completed the sale of transmission assets at the offshore wind farm Walney 2 to Blue Transmission Walney 2 Limited, which is the licensee entity incorporated by the consortium of Macquarie Capital Group Limited (Macquarie Capital) and Barclays Infrastructure Funds Management Limited, for approx. GBP 110 […]

  • 3 February 2017
    Business & Finance

    New Energy Investment S.à.r.l. (NEI) has launched an accelerated bookbuild offering of 26,500,000 of existing shares in DONG Energy to institutional investors, equivalent to 6.3% of the outstanding shares and voting rights in the Danish company.

  • 8 June 2012
    Business & Finance

    Atlantic Offshore’s oldest PSV is now sold and delivered to new owners. The vessel will leave the offshore supply market and enter the windmill support market. It was sold slightly above book value.  Atlantic Offshore, previously known as Sartor Offshore AS was established in 2008. The company  acquired Sartor Shippings operation in Norway and Ocean Mainports operation in Aberdeen and Ireland. […]

  • 9 July 2012

    The major companies in the wind industry have decided to go with HUSUM WindEnergy in 2014. Today, a good two years before the leading international wind trade fair in 2014, firm bookings have already been taken for half the exhibition space. Before the 2012 exhibition opens its doors in almost three months, the organisers are completing a variety […]

  • 17 January 2011

    A group of marine industry executives and investors who hope to convert the former Stinson Seafood property in Belfast into a shipyard…   By Ethan Andrews (villagesoup) [mappress] Source: villagesoup, January 17, 2011

  • 15 December 2017
    Business & Finance

    UK fund manager Equitix will buy Statkraft’s 40% stake in the 316.8MW Sheringham Shoal offshore wind farm for GBP 558 million, with the transaction expected to be completed by the end of December. 

  • 17 August 2010
    Business & Finance

    Recognised experts in marine personnel transfer, Reflex Marine, is meeting global demand for its TORO crew transfer capsule and has sold 30… (yourindustrynews) [mappress] Source: yourindustrynews, August 17, 2010;

  • 22 June 2015
    Business & Finance

    A total of 47 people lost their jobs after energy service group Red7Marine went into administration. “In the period leading up to the administration, the group’s cash flows came under significant strain due to falling demand for the group’s services as a result of the collapse of the oil price, ongoing investment in the group’s […]

  • 16 August 2011
    Business & Finance

    DONG Energy has sold its 50 per cent stake in Nordkraft Vind to Nordkraft Produksjon for NOK 145 million (DKK 138 million). The size of DONG Energy’s portfolio of wind projects in Norway is found no longer to warrant a continued strategic focus on expansion of the Norwegian market. Nordkraft Vind operates the Nygårdsfjellet 1 […]

  • 25 July 2016
    Business & Finance

    GE Renewable Energy marked an 11 percent decrease in profit for the three months ended June 30, 2016,  compared to the same period a year earlier, despite significant improvements in revenue. The profit for the second quarter stood at USD 128 million, as opposed to USD 144 million recorded in the second quarter of 2015. GE […]

  • 20 June 2014
    Business & Finance

    The wind farm project developer PNE WIND AG presented its expertise and perspective in the development of offshore wind farms at the “Windforce 2014”, an international tradeshow held in Bremen. Of special interest to the visitors were the future projects of PNE WIND AG. Having already received permits for four North Sea offshore wind farms […]

  • 22 January 2015
    Business & Finance

    Suzlon Group today signed a binding agreement with Centerbridge Partners LP, USA to sell 100% stake in Senvion SE, a wholly owned subsidiary of the Suzlon Group. The deal is valued at EUR 1 billion equity value in an all cash transaction and future earn out of up to an additional EUR 50 million. The […]

  • 17 November 2017
    Business & Finance, Environment, R&D

    Ørsted has sold its first green bonds for EUR 1.25 billion (almost DKK 10 billion), which will, among other purposes, be used for new and existing offshore wind projects.

  • 31 March 2014
    Business & Finance

    German wind farm developer PNEWIND AG has published its annual report for 2013, which turned out to be the most successful fiscal year in the company’s history. At the same time, the company has significantly expanded its operational activities in the first quarter of 2014. “2013was not only an outstanding year financially for PNE WIND […]

  • 20 August 2012
    Business & Finance

    Guernsey Electricity’s annual report has revealed the company has lost £136,000 on the investment in Bristol-based tidal energy expert, Writes This is Guernsey. Namely, GE did not release the figures earlier this year when the MCT was sold to Siemens. Despite the great loss, Managing director Alan Bates said that the investment was worthwhile. [mappress] […]

  • 22 January 2016
    Business & Finance, Wind Farm Update

    Scotland-based SSE has sold a further 10% stake in the Beatrice offshore wind farm to its joint venture partner Copenhagen Infrastructure Partners (CIP). SSE now holds a 40% stake in the project, with CIP controlling a 35% stake, and Repsol the remaining 25%. SSE says that the sale marks another key step in the project’s preparation […]

  • 8 January 2015

    North East England is set to host one of the biggest energy events in 2015. NOF Energy, the business development organisation for the oil, gas, nuclear, offshore and renewable sectors, has almost tripled the exhibition area at Energy: A Balanced Future. The exhibition due to take place on March 11 at Sage Gateshead is already […]

  • 4 November 2011

    Cape Wind produced a new report today entitled, ‘Cape Wind & Massachusetts – Creating Jobs and Providing Clean Power to Massachusetts’. This new report details how Cape Wind can uniquely deliver large scale clean energy benefits to Massachusetts, create jobs and enhance energy security and reliability. Half of Cape Wind’s power has already been sold […]

  • 7 January 2015
    Business & Finance

    EnBW Energie Baden-Württemberg AG has sold 49.89 percent of its shares in the offshore wind farm EnBW Baltic 2 to Macquarie Capital, the principal investment, advisory and capital markets arm of Macquarie Group. A corresponding purchase agreement has now been signed. “This means that we have now successfully implemented our second participation model in the […]

  • 7 June 2016

    Van Oord and Highland Group Holdings Ltd. have signed a cooperation agreement for the development, financing and construction of the offshore wind farm Deutsche Bucht in Germany. The two companies intend to participate in the equity for the offshore wind farm. Financial close is scheduled for the first half of 2017, the offshore installation is envisaged […]

  • 11 October 2017
    Business & Finance, Wind Farm Update

    Statkraft has continued executing its plan to exit offshore wind and has now sold its stake in the 860MW Triton Knoll project to innogy, thus making innogy the sole owner.